Chi in Cavn Ilen Toii'n Ti'ust ort of the I'F'iistees foi- Yedi- Endtn 1 .31 Mareli 2025 Introduction 'I'he 1'rustees arc pleased lo presenl Iheir report together wilh the Financtal Siatement for yeai. en(ling 31 Marcli 2025. Constitution C.liii)piiig Caintxien 'l'own "fnisl 1% consliluted by a Deed sealed on 2 July 1996 aiid is a I'egislei'ed C.'liai'ily in Eiigland aiid Wales: numbci- 203889. Trustecs Responsibilitics in Relatii)n to the Financial Statemeiit5 The Chai'ilies Act i'equircs Ihc .1 i'uslccs lo prepare fill]Cial statements that give a true and fail. view of the state of affairs of the charity at the end of the finaiicial year and of its 5uipILlS or deficit for the financial year. In doing so the IrLlStees are requii'ed to.. select suitable accoiinting policies and io apply them consistenily. make judgements and eslimales that are reasonable and piudeiit, aiid Prepare the financial stalemenls on the going concem basis unless il is inappropriate to presuffle (hal the charity will continue in business. The Trustees are reswnsible for maintainiiig proper accounting CordS which disL105e with reason<ible ilLeLlI'aLy al any lime the fiiiancial position to the charily and enable them to eii.%ui'e that the financial statements comply with the Charilics Acl 2011. 'riie Iriislee5 dre also i'esponsible for safegiiarding the assels of (lie chdrily aE]d Iience for lakiiig I'easonable steps foi. the pi-cvcnlion and detection of fraud and other ii'rcgulai'ities. Aims ancl objectives of ChArity "I'hL objccls of the Cliarily dre lo maintain, insiire, keep repaired, and admpl the I"owii 14<111 ai)d oihei. propcily r()r ihe puipo8e for thc bcncfil nf the town. Public Benefit 1.lie .1 rLISILes Loiifimi that thev have Lomplied wilh ihe requirement iii I5ie Clidl-ilies ALI 201110 have due regai'd to tlie Charity Comniission s general guidance on public benefil in exci'cising theii. po¥vei'5 and dLilies. -l-hcy have i'eferiyd lo Iliis guidancc wheii Irviewiiig ihe Lliai'ily's objcLIs aiid Éiim.% and iii planning il% fuliire aclivilie5 dnd al'e s(Ilisfscd thal Ilie Lliarily'5 aclivities coiiii)ly willi thi.5 giii(laiice and aiE of public benefil. -l-Iic "I"rust niainiains Ilie Town 14all aiid oiliei- piopei'ly lor use by meiiibei'5 of the piiblic.
i uturc PIAns The TIst appointed Arnold Bailosch Lid io projeet manage Ihe scliedule of works foi. the fiitui'e rnaintenLincc and care of the ToNvn Hall. Ai'nold Baitoscli Lid have drawn lip a detailed pi'iority works list. Anioiigst other ileins these incliidc repaii. woi-ks lo the boilei- l'oom roof, the fldt WC roof. Ilic clock iowei. roof, I'esloi'alion ol. two Iii'sl floor windows overlookiiig Ihc l.ligh Strees. rcplaLcn)ent of Ihc badly corruded Inetal decoialive finial on the noiih clevation: 17inwaler hopper and gutter ltpa1. l.islLd Biiildiii&) Coiisenl W<iS sought for Ilie repair of iwo firs1 floor liiiiber cascnieiil WindolS on tlie li'ont / soiitheiTJ elevation of the town hall. Consent wa5 gi'aiiled l O January 2025. RLqiiebls to qiiote liave been issiied lo appropriately qualified conservation window aiid biiilding specialists to can'y oiil the necessary works. A choice of options I schemes ha5 been provided by a slrllclural engin¢ei' for tlie I'epaii's lo ihe boiler room roof. I'he consetvalioD offieer has cominenled, and Almold Bartosch are iii the proLess ol. a55essing the options / schemes available and will advise accordinLJly. As work5 al'e to include the lempoi'ary removal of the upper enti?nce steps and paven)enl above the boiler i'ooi Arnnld 141£ rtosch are now looking at impi'oving Ihe streelscape, botli aesthclica15y and in praelical lei'ms, between the lown hall porch and WWII memorial wall as part of ilie works. Oiice ali appiDpi'iale option. I schcme ha8 bcen identified l.i5led Building Consei)t will soiiglit. l-he 1'ePIr of the flat WC I'oof 15 PToving mole complicaled than first tliouglil followinL cotnineiil from the conservalion otTicer. Victorian Architeclural eleineii15 have been idcnlified wiihin the IowLr seclion ufihe sli'Liclure and Ilierefore Amold Bart05ch are to revisil and draw lip a nioi'e 8yii)paihetic scheine for that area. In tlic nieanlime, a lemporary fix ot'the flal I'oof has SIICLLsslully ei'adicated the leak. The ToNvn 'l'rusl in the first instance are conccnlt71ing on the slNctiii'al elemeiils of tlie biiil(ling biit also pldll to start a pardllel programme nf i'cfresliiiiL Ihe decni., incliidiiig repaii's lo liistoi'ic rcpdirs and the iipgnding of fixliires and fittings in ihe Town Hall. A lirsl eslimate OF Ihe full cost of all Tnainlenance is in excess 01£200,000 aiicl Ihe-l-ruslce5 are I'evicwing ho. that will be finaii¢ed over the coming nioi)ths and years. The -Frusl eariis I'eveniie fruii) two soui.ces - 'I'own I lall Icttings and the Lai. pai'k aiid l)<lS accuniulaled sdviiig5 iii a sp¢cial itsed chai'ily .8dviiigs aCCOllnl ovei. Ihe years. 'l-he total is iiisiirriLienl to covei- Ilie fLIII costs. l¢.Jl
Chi Cam den Toivn Trust i inAncial Rcview The opei-aling income genernled by the Charily during the yeai- was a respectable £59,482, a conibination of Town Hall Iclting. car park takings and miscellaneous in¢oine. Ai 31 Mairli 2025, the Trust had a balance of unrestricted funds of£22?,466 includiiig inveslineiits of £130,118. Tru.$tce, 'ri)e .1 owi) Couiicil is the Snle Tnistee of Ihc Town Tnist. -I'herefore. oil appoinlmeiit lo the l oivn Council thdt Coiincillor aiilomaliLally becomes a Managing Truslee of Ihe 'foAin Tiust. Oi'gani8%ltion A bo<ll'd ol- Managing Truslees, of lip lo cleven members, meet three times a year aiid al oilicr linies that may bc nece55ary lo adminisler ilie charity. A Secirlary is appoiiiled lo inaiiab7c Ilie d1( y-lo-llay opei'ation of tlie charity. Risli MxiiAgcment Tlic ManaginL"fi'LlStees have a duly to identify and renew the risks to wl)ich tlie Lhai'ity is exposed aiid to ensiii'e appropriate controls are in place to provide reasonable assiiraiice abJainsl fi'aud and error. Inve5tmeDts Poiver The Maiiagiiig Trustees rcgiilarly review the Charitie8 inveslmenls. Ui)dei' the dted ot -l-I'us1, Ilie chai-ily lias the power to makc any inveslmenls which thL ManagJji)g Trustces see of <1 bLiiefit lo the Iriist. Reserve. Policy Tlie ManaginL 'fruslces policy i.s lo review the re8erve levels of the Charity on an anniial basis. I'his I'evieNv will encompa85 the nature of Ilie inLoiiie and expeiidilure sti'cams, Ilie Iieed to iiialLh iiiconie wilh commilmLnls and ihe nature of the Charity's rLserves. Tlie Maiiagjing -1 i'iislees also take into eonsidei'alffion Ihc future plans of thL Cliai'ily, Ilie uncertaiiily over soii)e clcineiils of fiitiire slreams and other key risks identified during Ihe risk rcview pi'oce5S.
Chi in Cam den Toiyn Trust Town l.lall bookings continue lo be healihy wilh the ljpper'l own Hall niainiainiiig its populai'ily as a veniie for weekend craft laii's, markets, and arl exhibitions I sales. Diii'iiig tlie week it conlinues lo be Lised in the evening by local groups such as tlie Bridge Cliib: the ChippinLJ Canipdeii History Society, tlie Campden Sociely. Chippiiig Campdeii Art SoLiely, the monthly RLit71 Cinema and for Chipping Catnpden Town Council Ineetiiigs. The annual Sciilllebrook Wake and Dovers Ganie5 made use of thc Market 8quuit car pai'k and 'I'own Flall Foi. Iheii. weekend even15 providing a much needed c¢ntral venue foi. Ilie org&iiiser8, voliinteei's and bands for these historical iown events. Campden Home NLlI'sing (CHN) provided refreshments from the lwel. Towii Hall over the Campden Opcn Gai'dens weekend, held annually, and raising funds for the good woi'k provided by CI-IN iii Ihe IoLal area. -l-he L.ower TollTn Flall continues lo be used by coniiY]unity gTroups- the weekly Counlry M2L rkcl aiid Ilie Inonthly Campden Mai'kel - dnd 15 still secing regular bookin&s froin a coui)le ol. siiiall biisine5se% - one selling 'l'eak garden furnilure and the oihei. Persian rugs. Wilh pi'iority always gjiven to local community OlEanisations. Family birilida). celebi'2L lions ranging from as yoiing as 51% years old 10 5iXty years old have scen the whole buildiii8 ulilised for Ihc occasion. briiigiiiiLF life aiid fun to ihe 'fown I lall. A Chipping Campden Yoiiih Club has been Sel lip, Dccember 20?4. Tlie club opei'ale5 dLiriiig tLI'lT] liinc on a Moiiday evcning in the lower tOMTn hall with a Junior sc55ioii I'uiiniiig fi'oiii 6.uopm Lllltil 7.30pm and a Senior %es%ion running from 7.30pm uiitil 9.00pm. ProvidiiiLJ a Inucli- needed yoiiih provision foi. the lown and immediate local area. .iiJ
Chi in Cam den Toiyn Ti'ust ResCe$ The I'e%ei'vcs will nol meel the full repair Losts ideiilified by the coiidilion suriiey and thc Tiiist will bc seeking lo identify and rdise additional reveniie by other means and po%sibls1 variou5 herildg>e gi'(Inls. In<lependcTht fi xaininatio I'he '[ rlislees considci- that an audit is nol requircd for this ycmr (under section 144(?) of thc Chai'ilies Act 2011) 1111d that an indepciidLnl examination 1% reqiiired. A Irsoliitioii will &lso be protK)scd al Il)e Annual General Meelin8 that thc Indepeiidciil r.xaminei' be appoiiiled to Ihe chai-ily for the ensuiiig year. By Ordei. of the I'ru5tees: Victoi'ia Bales Chairman Micliaei laiiies 9. 12. .20?5
CHIPPTNG CAMPDLINTOWN TRUST STATF.Mf.NT or FINANCIAL ACTIVITIES FOR I'I.:All I'INt)l.:D 31 li lilRC'.112025 entra5 Rc5trirlt 2025 2025 2(Tr25 2024 INC:()MING RF.SOIIRCLS 18.6(9) 40,039 CDr Park Iiiiome InvLIIiiL'nl IIKOtt .8iiiidry InIDe 40.039 72 430 'ro'i'AI. INCOMING RESOURCES 59.482 58,081 I,;XPLNDI'I'URE Direct chkritablt expendilurt Ril?airs Lk'¢ordiiQTLS and rmiils Cle#iiing it nd mai¢riJ15 CllrL'ldkiiig ¥Obls Car park ¢oblS 5.736 i.73(1 5.249 80 6,437 80 (1.437 Ci.435 fvlaiiAgeintnt xnd %dmii)i5tralion of the charity 587 4J96 587 4..196 Wic ILr. hLJling and lighlinE Adiiiitll51raliiw by Coun¢il RalLS 3.592 16211 2.031 1.040 3.343 2.U31 1.040 I,(h¢v AcLoiiniallcv & Ipen(kn1 e¥8Fnittts fec PoslcigL. Printing and S1alior %0 4QJ 38? 218 10.159 439 47 384 4.172 403 382 218 10.159 439 SuTKlrv Cos BHd (k.b15 ProlL55ional fLf% IAiuipinLlii dcptLfiiiOn 10,84.3 NEI. F.XPLNDITURE 40,261 61.987 NF'T INCOMING RESOURCI-,S IEXPENDITUREI 19221 INVTr.s.f7F.1' REVkKLUklTION 13.657 17.9?0 7.920 LIAI,AYI C'.b. or F(IIYDS tlT I APRII, 2024 11A1.ANcf. 01.- FIIYJ A'I. JI Trl IARCT12O2.5 204.546 222.466 10.( 10.000 549.072 9.Q72 763.618 781.438 753.X68 y•.'Il
CIIIPPING CAMPI)b:N'l'OWN TRusr STATEMENT OF FINANCIAL POSITION AS AT 31$t lARCH 2025 Nore 202S 2024 IXED ASSLTS 'I'angiblc *sstlS InVeinentS 549.933 550.372 6SO.O51 685.791 NLI. CURII&N'f ASSF.TS l)ehloi% lino l>ripaymeni% Ca8h al BJthk 43.934 70.X97 45.843 51.354 97.197 .IIRREN'f LIAiIII.ITlkS payable within one ycar 13.344 NL'I. CURRENT ASSLTS 101.437 81.827 NET ASSETS 781.538 763.618 REPRESfNTF.D BY: rKral l.lind tksiwuied Fund 222.466 10.000 549.U72 781.538 204.546 10.000 549.072 763,618 17.7 Illl FinRiicial SiaieinL'iils iycrc approved by 1hL'I.r .--.- -.2025 Viil(>Ti# B8IL Mi£haL'I 11IE Ines
CIIII)PING CAMPDEN TOWN I'RUST
NOTfs TO ACCOUIYTS
AS AT 3151 MARCH 2025
IXED ASSETS
Ftrr Use by tlie Charity
Freehold
Proptriy
Cbyit
Regalia
Ful1Ure
& Equipmenf
Town Ilall
Refurb
Grn55 IIoDk VJlu¢
ai l%1 April 2024
A(kliiion
450.[
gY).070
701.727
al 31si March 2n?5
450.IKK)
99.010
33.946
701.727
Depi'ecialion
dl Isl April 2024
chlfh¥ for Ihe >
CHIPPING C'.AP¥lPDEN TOWN-I'RUST NOTES TO ACCOUNTS CONTINUED AS AT31$1 MARCH 2W25 2025 Totsl 2014 Total 4 Debtors ind Pr¢p8y]nent5 Ilirtr8 FCL PaTkiDg fe OIIK'T d¢bior5 Prcpayinen15 1.569 40.039 839 2.207 4&843 2.369 43.934 S CH511 at tIAnk Lloyds nk xcoimis 70.897 70,897 51.354 51,354 6 Creditors And Accrua15 Ovcrdra115 Tradl. Crcdilor5 Crpad< cosls PA YC & Nei Wage5 851 3.317 0.435 808 3.960 15.371 3.229 6.437 3.678 lJJ44 7 AnAlysi$ of net a55ets betwt¢D fund Cltneral Fund DesignalEd Re$tritle Fund FuDIl 549.072 Flind5 Tngibk Asxys Inv¢bimenis Cash in14ank i)Iher Nel CLrrc5)l A11[,1ablliIles} 861 549.933 60.897 3D.591 222,466 10.000 70.%97 30.591 781,538 549.U72 8 SIAl¢moiJl of CR5hfloiYs General De5igiiRted Reslricltd 'fotAI Fund Fund Blllantts at l April 2024 0[ralin8 incotn¢ lnvLsinnl Inco Tolal Reyourc¢5 &xpended 204.546 58.771 10.0 349.072 763.618 58.771 ?(A.028 40.261 10.000 549.07? 823_1 40.261 782.840 10.(KK> 549.072 l ¥aiisfers Assci Nwch85es .1 inii$l¢r tive. fujxls Inv¢ingl reva1lirt 11.3011 alanies ai 31 MaTch 2025 222.466 io.Doo 549,072 781,538 Uxd¢T Ihe charii*bl¢ order daitd ? July 1996. Ihe I'Tullees arc w tnainthin E¥lTthiiury Rtpair Fund. Fund50r£io.(x)o a¥¥ kcpl in * IlL5ignaled futMI forihis purFrfbSe.
Chi Toivn Trust Notes to the accounts 3151 March 2025 ACCOUNTING POLICIFS Accounting convcDtion The Chai'itv con8litLiles Ll public knefit enlily defined by FRS 102. The fillancial 8tateineiils have beeii prepai'ed in accordance with Accouiiting and Reporting by Cliarilies.. Sialeniei)t of Ilecommcndcd Practice applicablL to charities preparing thcir accounts in accordanee willi the Financial Rcpoiling Slandai'd dppliLable in the UK and Republic of Irelaiid (l-,RS 102) i5siied on Octobei. ?019, the Chai'ities Act 201 l and UK Geiiei-ally Accepted Practicc as it applies from l Janiiary ?019. The accounts for the year ended J l March 2017 wei'e the rirsl accounts of the charily prepared in accordance wilh FRS I O? the fiiiancial reporling sldndard dpplicable in the UK and Republic of Ircland. l-he date of Iran5ilioii to FRS I O? was I" Api'il 2015. The i-eportcd financial position and financial perfi)nnance for the pi'evioiis period are not affected by the transition lo FRS 102. Funds Slructui'e Ilni'csli-icled flind.8 comprise the General Flind which the Truslees al'e free lo use for any purposc in tuilherance of the Charity's objeitives, and a DC51lated fund foi. pix)perty repaii's that Ina)'be reqiiired in the fiiture. The Resliicted Piiiid comprises the fi'echold property, Civic Regalia, fiirnitui'e and equipinent. Dcpreeiation Depi'ecialion is clii1riJed on fiimiture and equipmenl whicli is written off on a sli'aighi_line basis of 200/D pei- yeai.. Fixe(l Asset5 Investmcnts Inveslmcnls are stated al market valiie as al Ihe balance sheet date. The statenieiit of riiianLial activities inclLides Ihe net gaiiis and l()sses arisiiig on revaliiation and di%posal.s throiigliout the ycar. Uni'ealised gains an(1 lossey All gaiiis and lossc% arc taken to Ihe slatemenl of financial aLlivilies as thcy arise. Unrealised gain5 and losscs are cajculated as the difference beiween mai'ket value al the ye¢ir end and openingy markct valiic (or purchase dale if laler)- Iiicoming Resources All incomingJ rcsources c1re recoLJnised once Ihe ehdrily has enlitlet]iLiil lo Iliein. il is cerldill Ihdl tliey will be received, and their monetary value can bc iiicasiired with rcasonablc
Chi in Com den Toiyn Trust Re50ui'ce5 Expended Liabilities ale recognised as resources expended as soon as tl)ere is a legal or coi)slruclive obligTalion coinmillingJ the eharily to tlie expenditure. All expenditure is accouiited foi. on an acciwals lia.sis and has been classified under (he appropriate headings. ANALYSIS OF EXPENDITURE 2025 2024 I'lie followiiigF huve been charged in the slalcrnenl ot. riiiancial Aclivilies.. Exaniinei'5 remiineralion (accountancy and examination fee) Staff Wages 587 There was one emplovee dui'ing the yeai.. and no onc was paid in excess of £60,000. I'he"fiiislecs Irceive no remunerdlion I'ruslee's expcn5cs refunded during Ihe year= Richai'd Orr Victoi'ia Bales £636.76 Chippiiib Cainpdcn .1 own CounLiI (ii)SU17nce) £1,040 Cliipping Campden -1 own Council (admin) nil 2024- £32.30 ?0?4_£414.13 2024 - £1,040 2024 - £2,624
Inde eiident Ei iamiiiers Re ort to the Chi Cam dell 'l'oivii Trust I r¢port on the accounis of the I rust for vear ending 31 March 2025, Ivliich are set out on tlie pages 9 to 14 Iiv&peetive Responsibilities of Tru51ee5 and Ex2miller The charit} 5 tru5Lccs ar¢ re5poiisible for the pparatIOn the accoui)ts. 'fii¢ cliarity's trust¢¢s eonsidei. that an audil is not required for this ycar (linder section 14412) of the Charities Act 2011 (Ilie ?0 I l Act) and that ali indcpendenl cxaminalion is needed. 11 is my responsibility to= Examiiie the accoLinls uttder section 145 of the 201 l Act- To follow the procedures laid down in the General Directions giv¢n b>, thc Chai'its, CoEStmission (under seclion 145151 (b)= aiid To stalc whether parlicular InatteTS have cotne to my attention. Ilasis of liidependeiit E¥amiRer's Report My exainination was carried out in accordance with the General Directions given by Ili¢ Charity Commi&siOne. An eXInatiOn inclLtdes a review of the accouiiting Co[d5 kept by the charity and a coinparison of the accoliiits presenied ivith those records. It also inoludcs considei'ation of any unusual item or disclosures in ihe accounts and seeking explanation froin you as 1115$1e&q concernin(5 anv such tnatteTS. The procedures undcrtakcn do noi provide all the evideiice that would be quired in an audit and conscqu¢ntSy no opinion is given as to whLtli¢r the accouiits present a"-Irue and fair vieiv" and the report is limitcd to those mattci's set oiit in the statement bcloiv. Independent Examiller's Statement In connection with my exEkmination. no matter has conie lo niy aitention: hieh gives me reasonablc cause to Irlieve that in any tnalcrial respect the reqiiircments to eiisure that proper acLounting recoi'ds al'e kepl iii accordance %i'ith 5¢Ction 130 of the 201 l Act.. and accounts are prepdi'ed vhich accord M'ith the accounting records and coinply with a¢coiinting reqiiiremcnts of the 201 l Act or 2 to ivhich, in Iny opiiiioii, alt¢Dtion should bc draivn in order to enRble a proper understanding of the accouiits to bc rea¢htd. It shoLild be noted that I have been unable to Yerify the balance of NS&I incoine bonds plirchased in 1988 and 1990 IEspeclively. althougli the interest paid on these deposits is ivithin expected parameters for the cash investment held. Colwell FCCA cfA AAT The Old Bull Pens Seiincote MoretoIi iii Marsl) (iloucestershire GL56 9A W 22- 12..2025